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Value Payable System - VPS

Value Payable System:-

While booking goods in this system, consignee’s name and address is not written on the forwarding note, instead ‘Self’ and name of destination station is written. On the packages and Railway receipt also, ‘Self’ and name of destination station is written. Railway receipt will be endorsed on consignee’s name by consignor.

Consignor will send railway receipt and other documents to a bank or post office at destination station. By depositing cost of goods in the bank /post office consignee will obtain Railway Receipt. On presenting railway receipt in goods shed, delivery will be granted.

Delivery in absence of RR (Delivery on the basis of Indemnity Note)

Section 76 of Railway Act:-

According to this section delivery of goods will be granted on surrender of proper railway receipt. If railway receipt is not available, delivery of goods may be granted on execution of on indemnity note.
Indemnity note is a legal document on which stamp duty is levied. Stamp duty differs from state to state. Indemnity note can be obtained from goods sheds or Station Master’s office. Station Master can grant delivery of goods costing upto ₹.1 lakh on the basis of indemnity note. If cost of goods exceeds this limit, delivery will be granted by DCM’s permission.

Following information is written on an indemnity note:-

1. Booking particulars

2. Description of goods

3. Cost of goods

4. Name and signature of consignee

5. Signature of one surety

6. Signature of two witnesses and their complete details

7. Signature of Station Master, date and Station Seal.

Types of indemnity Note/ Bond:-

1. Stamped indemnity note

2. Unstamped indemnity note

3. General indemnity note

1. Stamped Indemnity Note: - Indemnity note executed on a stamp paper is known as stamped indemnity note. If goods have been booked on consignee’s name and consignee is unable to produce railway receipt then delivery will be grated on execution of an indemnity note by consignee at destination station. If goods are booked to self and consignee is unable to produce railway receipt, then delivery will be granted on execution of 2 indemnity note. Out of which one should be executed by consignor with signature and stamp of station master of forwarding station and date. It should be endorse on the name of consignee. On the basis of which consignee will execute another indemnity note and delivery will be granted on production of both indemnity notes.

2. Unstamped Indemnity Note:- This is a printed form and is free from stamp duty. It can be obtained free of cost from goods shed or Station Master’s office. This indemnity note is accepted in following circumstances:

a) Goods booked to Government officials in their official capacity.

b) Goods booked to registered co-operative societies.

c) At the time of delivery of low value goods (This facility is given to certain businessmen with object of vacating space in goods sheds)

d) Perishable consignment with perishable deposit.

3. General Indemnity Note:-If goods of a particulars businessman are received regularly at a station and he is unable to produce railway receipt on a regular basic, such businessman have been given the facility of General Indemnity Note. After the businessman has executed the Indemnity Note, it will be sent to Sr. DCM office for approval. Post approval it will be sent back to the station, which will be recorded in the specific register and kept as record. Validity of General Indemnity is 3 year. On taking delivery on the basis of general indemnity note, railway receipt or stamped indemnity note should be produced within 10 days from the date of delivery otherwise the facility of general indemnity note will be terminated.

Note: - Delivery of goods booked to ‘Self’ will not be granted on the basis of general indemnity note.
Rebooking of Goods:-

“Without effecting delivery of goods at destination station, If they are booked to a new destination station or to their original forwarding station it is known as rebooking.”

Following rules are applicable for Rebooking:-

3. Party should give a written application.

4. Forwarding note and original Railway receipt should be enclosed with the application

5. If party is unable to produce railway receipt indemnity note should be executed.

6. Adequate number of postal stamps should be enclosed.

7. Rebooking will not done in following cases.

a) Perishable goods

b) Goods on which percentage charges have been paid

c) Partial consignments.

8. For rebooking of wagon load or trainload consignments. Permission of DCM will be taken.

9. While rebooking of goods on which payment of freight is compulsory, freight will be collected.

10. Damaged and broken consignments will not be rebooked normally but it such remark is passed on forwarding note, Rebooking can be done.

11. At the time of rebooking, old marks will be obliterated and new making will be done.

12. Consignment will be reweighed.

13. All charges to be collected at new destination station will be shown in the new railway receipt as paid on to pay charges.

14. Following remark will be passed on new railway receipt _“Goods were originally booked from------- station to ----- station under invoice No.------ and railway receipt No.----- This consignment has been rebooked and all charges should be collected prior to deliver”

Diversion:-

“Changing the route of a wagon/trainload consignment route to a new destination station is known as diversion.”

There is no guarantee of desired diversion.

Following rules are applicable to diversion.

1. Only wagon load or trainload consignment can be diverted.

2. For diversion the party should give a written application at the forwarding.

3. Diversion fee at the rate of ₹. 300 per four wheeler wagon and ₹. 750 per eight wheeler wagon will be collected.

4. Railway receipt will be presented along with forwarding note. Railway employee will examine the railway receipt to verify genuineness of the applicant and railway receipt will be returned.

5. Following aspects will be examined at full time of diversion.

a) New destination is open for that goods or not.

b) Whether there are any restrictions on that route.

c) Train has not crossed the junction station from where goods are to be diverted.

6. Diversion orders will be given by following officer.

a) Ordinary rolling stock - COM.

b) Special rolling stock/ODC- Chief operations Manager.

c) Tank wagons- Chief Tank wagon manager.

7. Diversion message will be issued by concerned officer to concerned junction station new destination and accounts office.

8. On receipt of message at concerned junction station, station manager will after the name of destination station on seal cards and pocket labels and then wagons will be dispatched for new Destination station.

9. After diversion, a message will be issued by station manager of junction station to forwarding station, Original and new destination and officer & ordering diversion.

10. At forwarding station original railway receipt will be collected and a new railway receipt will be issued in supersession of the original railway receipt. Which will be known as Super-sessional Railway Receipt’

11. It party fails to submit original railway receipt at forwarding station, station manager will sent “supersession RR” to new destinations station with following remark on it.

12. “Original Railway Receipt could not be collected at booking station and consignment should be delivered after collection of original railway receipt”.

13. Outstanding amount at original destination station will be cleared through certified over charge sheet.

Note:-Delivery short of booked destination will be created as diversion.

Gate Pass:-

At large stations after delivery gate passes are issued on the basis of which businessman can take his goods out of Railway premises. Gate passes are in the form of a numbered book having 3 foils of each number:- a) Record b) Gate passe c) Receipt

Details On the gate pass: - Number of packages Railway marking, validity of gate pass etc. are written on gate pass and receipt foils will be given to consignee out of which gate pass foil will be collected at gate of goods shed. The goods will be tallied with the details on the gate pass and thereafter permission will be given to carry the goods outside. Receipt foil can be retained by party. Next day gate pass foils collected at the gate will be pasted with the corresponding record foils.

Questions:

Write short notes:-

1. Delivery book.

2. Open Delivery.

3. Assessment Delivery.

4. Memo Delivery.

5. Rebooking and Diversion.

6. Indemnity Note.

7. Gate Pass.

Write in Detail: -

1. Procedure for granting delivery in absence of RR.

2. What do you mean by Rebooking and Diversion of Goods?

3. What do you mean by open and Assessment delivery of Goods?

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